jusben1369

Joined 14 years ago

Karma
5,941
Submissions
1,849
Member since
Jan 24
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Recent submissions

Comment · 4 years ago
Let's hope they're better at payments than they are at being the mafia because this guy raised a billion dollars 5 blocks away from them.
Comment · 6 years ago
He's only raised $400 million and all of it is Saudi money because the Valley shunned him.
Comment · 7 years ago
Yep. They're locking in their upside to offset for the risk they see in putting in $5 million. 3x preferred is either a weak founder with a good company or more likely an ok founder desperate for funding and therefore pretty high risk for the investor.
Comment · 7 years ago
tbf, on the TdF by nature you're often staying in small and medium-sized towns with a huge mixed bag of accommodation choices. Air conditioning was often not even a given.
Comment · 7 years ago
I think the answer is mostly there in the fact they start the season at 88%. However, I'm sure there are cumulative effects on athletes who play for multiple seasons
Comment · 7 years ago
I'm pretty sure this is a bizarre twist where it's a founder getting screwed over with no stock, vs a "regular" non-executive.
Comment · 7 years ago
Yes! And one way (not the only way) to increase your chances of survival is by working harder than normal to get to a product/revenue point where you can make it. Again, all I'm asking is if the startup is very clear about expectations going into the role is that ok? We have very low unemployment right now so it's not like skilled technology workers don't have a lot of choices. Is there any way to ethically create a startup in today's age and expect people will work more than government mandated hours?
Comment · 7 years ago
What if during the interviewing process they're very clear that they are a startup that isn't a normal job and the trade off is equity and a great cheque in 2-5 years?
Comment · 7 years ago
Yes, that's where I'd focus my efforts. Stay focused on the positives here vs bitterness and negatives. Continue doing what you're doing, which is to utilize the current situation for as much awareness building as possible for your niche application. Have you seen an uptick in interest since this all began? Good luck to you.
Comment · 7 years ago
I think that's fair. I also think you represent the initial use case and one that's still very relevant today. WeWork has made it clear though that real growth for them now needs to come from mid and large companies willing to use their services at scale and have had some success doing that. I would pivot a little away from OP's "human sentimental" angle and more towards "this obvious ethical lapse, and a board that can't or won't control it" will make those larger organizations pause before becoming too dependent upon WeWork.
Comment · 8 years ago
In Durham NC, we went from zero to 3 new dockless bike share programs on the streets in the same week! I personally think it's great, but it was strange to go from zero to 3. To me, the interesting part is how expensive is it to keep those bikes in good working order? It's still very new here so time will tell.
Comment · 9 years ago
"Uncovering and reusing these old tracks could prove far cheaper than constructing new lanes."

- I guess that seems key to me. Those lanes are nearly 90 years old. How much cheaper would they be vs new ones? And is that savings (10%, 30%?) really the thing that's holding back adding a nationwide biking network?

Comment · 9 years ago
> > The draft report by scientists from 13 federal agencies, which has not yet been made public, concludes that Americans are feeling the effects of climate change right now. It directly contradicts claims by President Trump and members of his cabinet who say that the human contribution to climate change is uncertain, and that the ability to predict the effects is limited. These are entirely separate claims. The author of the article is saying that the United States are warmer; then implying that the change is entirely man-made and detrimental to make a political point (in this case, a hit against President Trump, though I suppose it's a step in the right direction that NYT are now allowed to refer to the President as the President).

- I think that paragraph is a little confusing. It might be better as "It _also_ directly contradicts claims" - ie the first sentence is not tied to the second sentence, even though I could see how it might at first read that way.

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